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3 years ago

What document is a summary of the money a company brought in (revenue) and what it paid out (expenses)?

1 answer:

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The income statement shows a detailed picture of the transactions of all revenue and expenses. The income summary account then summarizes these figures in order to produce the statement of retained earnings. Both the income statement and income summary show the revenue and expenses of a company.

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Could someone help with the answer please

marshall27 [118]

Answer:

Explanation idea generation

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3 years ago

Read 2 more answers

Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have w

kramer

This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.

Why do economies in developing countries grow slowly?

The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.

What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.

Learn more about financial markets: brainly.com/question/16623249

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2 years ago

Elliott has the following capital gain and loss transactions for 2021. a. Short-term capital gain $1,500 b. Short-term capital l

vazorg [7]

The net short term capital loss for Elliott for 2021 will be $(2100); and the net long term capital gain will be $9,300.

<h3>What is capital gain?</h3>

The gain or positive returns made on the investment or engagement of money during a particular period is known as a capital gain. A short term capital gain is derived within 1 year; and long term is more than a year.

Hence, the capital gains and losses made by Elliott are aforementioned.

Learn more about capital gain here:

brainly.com/question/24084696

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2 years ago

What techniques overcome resistance and help build credibility? check all that apply. listing names of satisfied users using a c

Virty [35]

Answer: The correct answers are listing the names of satisfied users and including performance tests, polls or awards.

Explanation: One techniques that helps to overcome resistance and build credibility is listing the names of satisfied users. Offering personal references for a product is an effective way to build credibility and overcome resistance. Another way to do this is by including performance tests, polls or awards. These types of items give your product credibility to people because they are seeing feedback from current users.

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4 years ago

2 Jodi owns 112 shares of stock selling for $16.20. How many more shares can she purchase after receiving a dividend of $0.80 po

marusya05 [52]

Answer:

The number of new shares = 6

Explanation:

Dividend is the proportion of profit paid by a company to its shareholder as a form of return on their investment. Another form of return on share investment is the capital gain; which is the difference between the selling price of a share now and its cost when it was purchased.

<em>For Jodi, we need to first calculate the amount of dividends earned on the total shares she owns. And then divide the result by the current purchase price of a share to arrive at the number of shares she can buy more.</em> This is done as follows:

Total dividends = 112× 0.80 = $89.6

Current price of a share = $16.20

THe number of shares that can be purchased= 89.6/16.20=5.5

The number of new shares = 6

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3 years ago